Colorado Springs Real Estate and Community



June 23, 2018

6 Reasons Why You Should Buy Real Estate in December

December and New Year's Day provide you the right occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your buying expenses too.

1.  Home buyers remove looking for a home due to holiday decorating, shopping, and parties. And the cold weather enables home buyers to desire to stay home; they pause for warm weather to buy real estate. Get the advantage with little competition from other buyers.

2. Home sellers who did not sell during the new buying frenzy are bothered that their home won’t sell. Any seller offering their home for sale during the holiday season is motivated.

3.  Real estate agents need to keep their drive high and can't afford to take much time off. When the agents aren't as busy, you get superior service. And they're more likely to take low offers very serious. Agents love investors ready to buy real estate during December period.

4.  Interest rates continue to creep up. Who knows what the rates will rise to next year?

5.  Lenders threaten to tighten up qualifications next year. Last summer, loan officers were able to get through almost any loan. Today is your best shot to buy a house and get a good rate with the easiest qualifications.

6.  Appraisers need work. Many people became real estate appraisers when there was much work. It used to take between a week and more to schedule an appraisal. We just ordered an appraisal and the appraiser wanted to come out the same afternoon! Also, appraisal commission cost less today than last month.

Clear some time from your busy holiday schedule and go find a bargain house. Make many offers. You won't get this break for another year.

Posted in Buying a Home
June 22, 2018

5 Useful Tips in Buying a House

Buying a home is a very serious subject that comes into people’s lives. It is highly risky to put your money into buying just any home you see. You must have some rules that can assist you to choose which house is the best for you. Here are a few:

Determine Your Rights

When you are prepared to buy your own house, be certain you understand your rights as a homebuyer. Understanding the manner of buying a house stops you from getting scammed. You can do your homework personally or search for an experienced person like a broker or a real estate agent. Ensure that the agent you hire is licensed and have a vast understanding of the area.

Make Sure You Can Afford It

Your budget is really a major concern in buying your own house. What you want is different from what you need, so be practical. You don’t really need a big house if you’re just a person that travels every day, right? Make sure that you make the best for your money. Seek help or ask for suggestions especially for those who have knowledge of real estate prices. If you can’t stay for at least a year, buying a house is inappropriate for you. You may save a whole lot more of money if you sell it urgently.


Make Sure It Fits Your Lifestyle

Make your house a home. Be sure it really fits your way of life and you are comfortable with it. A good example of this is if you’re working in an office, a good place to find is near or in the vicinity of your office. If you love nature, a good place to find is outside the city with clean air, near parks have a mountain view or near at the beach. Your personality really matters in finding a good house. Make sure to look at its suburbs first and try to gather some information about the area and its surroundings. Try also to consider the kind of neighbors you will have.


Consider Your Future Plan

If you’re newly married, you might consider how many kids you want to have. You can assume the number of rooms or the home space you need. If you can afford a house that is near to a good school, it is better. School districts are more important to home buyers, therefore, it will increase your property values.


Be Organized

It is very important to make your document files organized and safe. Because it will prove that you own the house. It will help you a lot especially when it comes to paying your house payments (taxes and amortization).


Posted in Buying a Home
June 21, 2018

5 Ground Rules for Home Buying Success


There are a small number of purchases in life that carry the financial and psychological weight of buying a real estate home.  If you are buying your first home or moving up to your dream home, or rather economizing your home and your life after the kids have left, it is essential to recognize the ground rules for success in the world of real estate acquisition.

Making the wrong choice in buying a home can have overwhelming and long lasting effects, while making a wise choice in home buying can significantly improve the general value of the investment.  It is important to learn all you can about the world of home buying and mortgages before deciding to buy the home of your dreams.

While there are lots of websites aimed to assist first time homeowners learn all they can, most financial experts say that there is no substitute for the good old one-on-one learning. Luckily, many mortgage lenders, real estate agents and home inspectors will be able to deliver this type of one-on-one learning.

 Before buying a home it is often best to utilize a systematic approach as this is regularly the best way to ensure that all choices are based on information and reason, not only on impulse or emotion.  Buying a home can be a sensitive process, however it is vital to keep your emotions under control and not let them influence your judgment.

There are 5 basic ground rules regarding buying a home and shopping smart, and they are:

 #1 – Get Your Financing Before You Get Your Home

 There are only a few things in life as disappointing as losing out on the home of your dreams because of not being able to secure funding.  While the wish to get out there and search for that ideal home is reasonable, it is important to line up the financing you will use before you start searching for a home.


Getting the funding onward has a number of important benefits including understanding how much you can buy and gaining more respect from the listing real estate agents.  By understanding how much home you can pay for before you shop you will avoid wasting your time searching at unaffordable properties, and the listing agent will be over willing to show you the homes in your price range.


It is also important to take a good look at the various types of mortgage on the market before getting started in the home buying process.  These days, mortgages come in far more choices than the typical 15 or 30 year. For that reason, possible home buyers need to know how each type of mortgage operates, and to meter which mortgage is the best option for their needs.

#2 – Look At The Community, Not Just The Home

It is a great idea to look at the whole community, rather than focusing on a single home. This can be a mainly important thing to consider for those moving to a new city, as these buyers will be inexperienced with the local climate and lifestyle.  It is essential to determine the areas of town that are most wanted, and to consider things like distance from work and local shopping opportunities.

We have all heard that location is the key consideration when it comes to real estate, and that is certainly the case.  Buying a house in the wrong area can be a big mistake, and it is important to choose the location as well as the home.  Potential buyers can learn a lot about the nature of the various neighborhoods just by driving around town, and also by talking to other residents.

#3 – Be Fair With Your First Offer

Trying to dribble a seller on the first offer can rebound, as can paying too much. It is necessary to carefully assess the local market, and to relate the asking price of the home with what related houses in the neighborhood have sold for in the past.

Matching the sales of similar homes, what are known as "comps" in the industry, is one of the top ways to find out what is fair, and to ensure that you neither overpay nor underbid on the property.

#4 – Always Get A Home Inspection

Investigate the home always for any likely faults before making an offer.  Compared to the price of the average home, the cost of a quality home inspection is virtually small. Therefore, get a good home inspection done before buying.

To find the best home inspector, it is a great idea to seek out feedbacks referrals as several of the best home inspectors rely on people’s feedback advertising.

#5 – Do Not Push Away the Sellers of The Home

Many real estate deals have failed because of personal animosity of the buyer and the seller.  It is necessary to avoid pushing away the seller of the home during the process, and to avoid faultfinding every small detail in the course of the sale.


Posted in Buying a Home
June 20, 2018

Working with an Inspector

The rule of real estate is to get your money's worth.  When you are looking into finding a place, you will want to make sure that the rule immediately applies.  One way to make sure that you are getting more for your money is by finding the right inspector.  This will allow you to find a property that is worth the upkeep. 

The job of an inspector is to find everything that might be a larger problem in the house before you move in.  This will start by checking the electricity, plumbing, water supply, furnace and heat supplies, and the general build of the home.  They will take a part of their day so as to ensure that everything is built up to standard and that it won't cause difficulties before you move in. 

If there is anything that the inspector says is incorrect with your home, you will be able to ask for maintenance or money back for the home.  There are many who will save thousands of dollars by hiring an inspector look at what is in the home and how it should be changed. For this, you will want to ensure that the right inspector is coming to your home. 

Most likely, your real estate agent will have a precise inspector that they like to work with.  But you can find one on yourself and have them inspect the home as contract work.  You want to make sure that they will do a thorough job and that they have your best interests in mind.  This will assist you to walk into your home without any shocks and with possible replacements before you move in. 

To work with an inspector is an important part of home buying.  It will assist in determining and outline the quality of the home and can assist you to get the best deal in the end.  Before you sign the final papers, ensure that the inspector you have worked with has gone through everything.  This will definitely help you to start turning your house into a home. 

Posted in Buying a Home
June 19, 2018

Winning The Commercial Real Estate Game


The commercial real estate game can be won in several ways.  It’s more of an essay test than true or false.  There’s absolutely more than one right answer.  A great percentage of the world’s millionaires earned their wealth by means of real estate investment.  While nothing is a surefire, real estate provides many chances for the savvy investor.  Whether you want to build wealth or simply maintain it, there are several strategies that you can implement to get where you want to be.  Where should you begin?  You don’t want to put your hard earned money into a dead market.  You want to protect what you’ve worked so hard for.  Let’s look at a few of the more popular methods for investing in a commercial real estate.

One of the more classic approaches to commercial real estate investment is the buy and hold strategy.  In this maneuver, you buy property that is valued at a fair price.  It may be a few miles away from town or outside of a development area.  You then simply hold the land for a number of years.  While you do this, the city comes to you.  Developments are going up all around you.  Yours is the last piece of raw land around and every developer in the state wants a piece of it.  You, the genius entrepreneur, then sell the land for millions more than you pay for it.  It couldn’t get much better than this.  While this is obviously the ideal scenario, it can work like this.  As you know, the land is the only commodity that they don’t produce any more of.  Therefore the price of your land will eventually go up.

While there is a great deal of money to be made in this sort of venture, it can take a long time to mature.  This is great for someone who has a big chunk of money that they want to sit on for a few years.  There is no set time limit as to how long it will take you to win.  You basically have to go with your gut on this one.  Should you sell it five years from now for twice what you paid for it?  What if in year six, Wal-Mart wants to move in and pay you 10 times what you paid?  There is really no way to know. 

You have to get out when you feel the time is right.  Look for the signs around you.  If the trends of development in your area are coming towards you, wait for a while.  If you’ve had the land for ten years and the city that you just knew would be the next boomtown turned into a ghost town, you might want to get out.  This strategy can produce a great return and it’s a pretty passive source.  You don’t really have to do anything except buy the land and wait. 

Another great way to invest in commercial property is through the rehab market.  This is where you buy a run-down property that needs a lot of work done.  You fix it up with a little elbow grease.  Then after it’s up to par, you put it back on the market and make a tidy profit.  This is a growing segment of the real estate industry.  There is a definite need for this as a property is always getting old.  The most important thing to remember in this type of venture is you make your money when you buy the property, not when you sell it. 

You must find properties that are undervalued.  If you overpay, no matter what you do to the property, you’ll still come out behind.  You need to find properties that need a lot of work.  This has the highest potential for a great return.  Don’t get involved with a property that just needs a new coat of paint and the yard mowed.  This will not make you any money.  In fact, you’ll most likely lose money.  Stick with the properties that need the most TLC and you’ll come out on top.

Another popular strategy is that of quick turning a property.  This involves finding distressed properties.  Your search for a great deal that is extremely undervalued.  This could be a property that is facing foreclosure or a bankruptcy.  Someone may take a significant cut in the price in order to get out fast.  This can benefit you, the investor, greatly. 

You then take the distressed property and put it back on the market quickly.  Since you don’t have to sell quickly, the property will get fair market value and you can make thousands of dollars in profit.  As with rehabbing the property, the key is finding cheap properties that you know are worth more.  This is where all of the money comes from in this type of transaction.  If you know the market, you can do very well with this type of deal. 

For investors that already have a good sum of money saved up, there is another form of investment that is very appealing.  Professionals who want another steady income can invest in expensive real estate that is already a great performing asset.  This could be a luxury apartment complex or condos or any number of properties.  The investor then takes over the cash flow that is generated by the subject property. 

They will most likely leave the existing property management in place and just take the steady cash flow.  This is a great form of investment for those that are looking for a passive source of income from their investment.  People who would benefit from this are usually very busy and already successful in some other walk of life.  They understand that the only way to create wealth is through multiple sources of income.  Diversification is the key.

Whichever method of commercial real estate investment you decide on, make sure it’s the right one for you.  Consider all the factors carefully before making your decision.  Just remember that you too can succeed in real estate investment.



Posted in Real Estate News
June 18, 2018

Why the Real Estate Market May Turn Around Next Year


Without a doubt, 2007 was one of the worst real estate years many had seen in quite some time. In fact, many people have begun to compare the current real estate market crash to the crash of the 1980s. While it does not appear that prices will improve this year, there are indications that the market may begin to experience some recovery next year. This could mean an improvement in prices which have appeared to be in free fall for the last few months.

One of the reasons that it is anticipated that prices will begin to improve in 2009 is the fact that many experts have anticipated the market will bottom out in 2008. At first glance, this can certainly seem to be frightening news; however, it is important to keep in mind that the market really cannot begin to recover until it does bottom out.

In understanding the recovery of the market it is important to look at the factors that resulted in the current real estate market slump. There are actually several factors that led to the current slump. One of the most important factors is the fact that prices in several areas throughout the country doubled between 2000 and 2005. In some cases, those prices even tripled. As a result, there were a record number of people who were unable to afford homes, especially first-time home buyers. As the number of buyers able to purchase real estate began to dwindle, resulting in price and sales declines throughout the country.

As headlines have announced lately, subprime loans also added to the recent debacle. During the last couple of years, a huge percentage of the number of loans that were made was delivered to buyers with credit scores that were under average. Additionally, a large number of loans were made to buyers with minimal down payments. Approximately two years ago real estate prices stopped rising. At this time, a number of buyers who had snapped up houses in red-hot markets suddenly discovered that the balance of their mortgage exceeded their home’s values.

The rate of defaults began to escalate at this point. Before long, foreclosures also began to increase as a direct result. As more and more foreclosures hit the market, the inventory in many markets began to spiral out of control. As more homes hit the market, prices began to drop even more. To make matters even worse, economic growth began to stall and massive layoffs in many areas further fueled defaults and foreclosures.


While it has taken some time, assistance is now being provided to homeowners; which is anticipated will help to stave off the increasing rate of foreclosures. Generally, this expected to help stabilize the rapidly rising inventory of homes for sale throughout the nation.

It is vital to remember that while headlines seem to be continually blasting news about the softening real estate market, there are really some markets in the country where prices have constantly rise instead of declining. On average, real estate prices nationally are roughly 5% less than they were last year; however, several of the metro areas in the country are still feeling price surges. This is mainly due to first-time homebuyers who can still manage to pay for to purchase properties and retiring homeowners who are selling their home and then either moving into a retirement community or purchasing smaller properties. These markets include Salt Lake City, Utah; Charlotte, North Carolina; Beaumont, Texas and Bismarck, North Dakota.


Posted in Real Estate News
June 17, 2018

Why Flip Houses


There are numerous big questions to ask regarding real estate investing and one of the numerous that you should consider in case you are thinking of flipping houses for your real estate investment is: why?

Why flip houses?

It surely appears as though it's a big deal of work and true it is. It isn't an easy mission to embark on your own but many people all over the world buy houses all the time for the goal of flipping those houses. Why? Profits are both the long and short-term answer but it goes much deeper than that for lots of individuals interested in houses flipping even though profit is the ultimate goal.

Some individuals really like working with their hands. Buying a property in need of light maintenance and repairs is a good way to get your hands dirty without risking very much money, effort or time. Properties requiring more serious work may need a pair of hands that have some degree of experience instead of hands that are best fitted for books balancing. That said if you want to do the work yourself and like the prospect, you may find that you can save a lot of deal of money if you use your own labor instead of paying for the labor of others in regards to house flipping.

Others go into this line of work since the notion of giving a family their dream house is so pleasing. When you go in and flip a house you are putting your sweat into creating someone else's dream. You are taking something that may have been simple, drab, ugly and turning it into a beautiful home in which they can build their dreams. While it may seem a little romantic, it is in a way. This is part of the beauty of house flipping through; there really is no wrong motive to do it.

Some individuals select this line of work because deep down inside they enjoy the stress that goes into turning a lump of coal into a diamond. I think the accurate term for these people (and really this could apply to anyone who chooses to flip houses for a living) is Masochist. The cap fits for most people who flip houses. If they are unaware that going into it the first time they surely know before they delve into it a second time.

Then there are those that are simply driven by profit. There really isn't anything at all wrong with that. Most of us would never get into this business if there weren't some hope of a pot of gold on the other side of the rainbow. This is hard work and there are days that the promise of a payoff is the only thing that gets you out of bed and hitting the ground running yet again.

Just remember that at the end of the day it doesn't matter what your goal in flipping houses is. What matters is that you show up day after day and do the works necessary to pull off your house flip. This is what differentiate those playing at house flipping and those who are fated to be one-hit wonders in this fierce business. Obviously, there are still those few who flip houses just for the sake of seeing the finished product when everything is said and done.



June 16, 2018

Why You Should Focus on the Foreclosure Niche In Your Real Estate Investing Business


The prospects that are present in the foreclosure niche are massive right now and they are continuing to increase at a fast pace. This is encouraged by the rise in foreclosure rates over the country being led by California and Colorado.  Concentrating on foreclosure dealings lets you work on Luxury Homes without the traditional Risk you would usually assume by qualifying and signing for a mortgage. 

In the Foreclosure Niche, you take charge of a property by “getting the deed” and selling the home to a financier or owner occupant dependent on the price range, neighborhood, and state of the house.  By Focusing on Luxury and Higher end Home, you can make more profit per house with the same amount of work. When you combine this with the ability to short sale Jumbo Mortgages, You’ve got your golden ticket.

Lenders are very flexible on dealing high dollar mortgages and huge loans since they certainly don’t want these houses back.  Would you make 10% of a 150 thousand dollar home or 10% of a 1.5 million dollars home instead? The Mortgage Marketplace has created such a large number of defaulted mortgages that it has created unlimited opportunities to do these types of transactions.

This is because of the very aggressive subprime products they put out in the marketplace and their loosened guidelines for allowing weak borrowers to buy properties they normally wouldn’t have been able to buy. They did this because of competition needed to get their money out in the marketplace.  The Foreclosure Niche is the Best Niche in the Real Estate Investing Business because: 

1. The ability to control High Dollar and High-Profit Potential Homes with no Risk.

2. You don’t have to have Good Credit because you don’t have to qualify for mortgages in your own name.

3. You don’t need a lot of money to get started. This business has very low barriers to entry.

4. You don’t need any experience because if you follow my system, it will show you how to create the huge checks by following the step by step system.

5. You can buy a foreclosure fast because you have an interested, cooperative seller.

There are not sufficient investors in the marketplace at this time to handle the volume of homes going into foreclosure. We require extra investors and I’m on a task to create very successful investors that want to get wealthy over the next couple of years.

This scenario won’t last forever. Just 3 years ago it was very hard to see these types of deals. It’s very easy now, it’s sad! Take advantage of it while it’s here.


Posted in Buying a Home
June 15, 2018

Why You Should Ignore Trends In Real Estate


Several people have a habit of getting caught up in real estate trends announced in newspapers, magazines and on television. This is a very huge gaffe of the highest order.

Why You Should Ignore Trends In Real Estate

In this present digital age, you can learn almost anything on a specific subject. While access to information is normally a positive development, things can get a little out of line if you get overloaded with it. Search too long and you can see two pieces of information providing exactly conflicting opinions on a subject. Clearly, that doesn’t really help you make a decision.

In real estate, the information offered in the media is usually uniform. For the past six or seven years, everybody with any brains at all has reported the real estate market has been hot. Presently several of these same experts are saying the market is cooling off. Some are even forecasting a crash in the market.

As a prospective buyer or seller, how should you assess the information being created in the media? The easy answer is you should disregard it. The issue with these reports is not the correctness. Rather, the issue is that they are reporting national trends in real estate.

National trends are great and all, but they have little or no application to your specific area. Consider the following if you do not believe me. The real estate market for the last few years has been reported as hot, hot, and hot. In Colorado, however, the market has been flat throughout this time. If you were considering buying or selling in Colorado, the information being provided for national trends simply did not apply to you.

If you think Colorado is the exception, it is not. The state with one of the worst appreciation rates over the last four or five years, for instance, has been Texas. Put in practical terms, this means homes in Dallas, Houston, Denver, San Antonio and Houston have not followed national trends. The only real estate trends that matter are those in your local markets. Never rely on national data.

If you are considering buying, you have to be very careful when considering real estate trends. If it looks like a seller’s market in your area, you may make the mistake of not buying. Even in a seller’s market, buying a home is better than renting. Every day you are in the home is a day you are growing your personal wealth through equity accumulation. Don’t stay out of the market simply because you feel it isn’t the right time.

It is very simple to get caught up in real estate trends since they are plaster over in front of your face on a daily basis. In fact, they really should not play much of a role in your decision-making process.


Posted in Real Estate News
June 14, 2018

Why You Should Choose Loveland Colorado Real Estate


Many Americans are turning out now as homeowners than at any other time in the past. Buying a house is regularly perceived as a financial investment. But it is a place to live and raise children as well as an investment in the community. Everyone should have the opportunity to enjoy living in their own home, and one way to ensure the most from your new place is to not only focus on the details of the home but to also consider the location and the surrounding area during the buying process. Before purchasing a home it is smart to do a little research on the surrounding area. It is these kinds of details that will really make your place feel like home sweet home. 

Loveland, Colorado. It is a great town that offers a superior quality of life in a great location. It is nestled in the foothills of the Rocky Mountains and is often referred to as the “Gateway to the Rockies” because of its exquisite location and unparalleled scenic beauty. It is the natural splendor of Loveland that encourages its traditions and plethora of outdoor recreational choices, which includes hiking and boating.


Loveland, Colorado maybe is best known generally as the home of the Valentine Re-mailing Program.  February each year hundreds of thousands of Valentines are packed inside bigger envelopes and send to Loveland where countless volunteers’ hand-stamp each letter with Valentine’s verse and in turn send them to the recipient. Every year a contest takes place through the local newspaper for residents to submit their verses. The winners have the honor of seeing their text stamped on Valentine’s letters. In the weeks before Valentine’s Day, the city of Loveland let residents place red hearts embroidered with personal messages on light poles and other fixtures on the downtown streets. What a lovely and beautiful tradition.


Boating is a great way for the family to enjoy a vacation that gets you out of the house and away from your tiring schedule. Boyd Lake State Park, located near Loveland, Colorado, is the most modern water sports facility in Northern Colorado. It includes over 1,700 acres of water for boating, fishing, sailing and swimming and plenty of sandy beaches for picnicking. This park also has some incredible wildlife. Pelicans are often seen gliding across the lake’s surface.


Hiking is one of the most relaxing and carefree experiences you can give yourself. There are often no schedules to keep, no deadlines to meet, and definitely few worries for hikers. If you love hiking and crave the adventure that it brings, then Loveland, Colorado is the place for you. Allow your curiosity take you up the next hill or around the next bend to magnificent views that will sweep you off your feet. Appreciate beautiful waterfalls, cascading creeks, turquoise lakes, and incredible rock formations that can only be seen on foot in this beautiful Colorado landscape. You may even get lucky and see some wildlife off any one of the heavy-wooded trails. What’s great about hiking is that no matter how many times you hike the same trail, the experience is always different, with new wildlife, new colors, and new views. And if you love hiking, you may also want to try snowshoeing or rock climbing here in this serene area.

Loveland is fortunate to be located near Lory State Park, just along the edge of Horse tooth Reservoir. This park offers incredible scenery that can be seen from any one of its extensive trails used for mountain biking, hiking, or horseback riding. Visitors can enjoy the wildlife and beautiful wildflowers along any trail.

So be it the traditions, hiking, boating, or any other number of reasons, let Loveland Colorado be your next option when considering real estate.


Posted in Buying a Home